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£1,000,000

Barnes Street, Accrington, BB5

  • 21 beds
Other

£1,000,000

  • 21 beds
Other
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Estimate monthly mortgage payment:

£4,565 per month

Minimum deposit amount:

£50,000
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New to the market a fantastic opportunity to acquire this 21 bedroom HMO in the centre of Accrington. Currently offering an impressive yield of 12.5% the property is suited for investors looking for a long term investment with a significant return. 

Previously used as a commercial shoe shop and converted into a 21 bed HMO.

Situated a short walk from Accrington town centre the property has easy access to local amenities, extensive network links and Accrington train station. 

The accomodation comprises of the following:

Room 1
Dimensions: 18.49sqm
The room comprises of: Ceiling light point x2 and carpet to the floor. (occupied) 

Room 2
Dimensions: 19.24sqm (occupied) 

Room 3 with En-Suite
Dimensions:17.45sqm
This room comprises of: Ceiling light point x2 and carpet to the floor. 

En-Suite (Room 3) 
The en-suite comprises of: Ceiling light point, double radiator, shower, hand wash basin and W.C. 

Room 4
Dimensions: 13.10sqm
This room comprises of: Ceiling light point x2 and carpet to the floor.

Room 4 with En-Suite & Kitchenette
Dimensions: 26.26sqm (occupied) 
 
Room 5
Dimensions: 11.05sqm (occupied) 

Room 6
Dimensions: 14.97sqm (occupied) 

Room 7
Dimensions: 19.69sqm (occupied) 

Room 8
Dimensions: 18.56sqm (occupied) 

Communal Kitchen

W.C

Communal Utility Room

Communal Shower Room

CommunalShower Room


First Floor



Room 1
Dimensions:16.29sqm

Room 2
Dimensions: 12.57sqm

Room 3 with En-Suite
Dimensions: 17.45sqm

Room 4 With En-Suite & Kitchenette
Dimensions: 26.26sqm

Room 5
Dimensions: 25.23sqm

Room 6
Dimensions: 11.36sqm

Room 7
Dimensions: 12.28sqm

Room 8
Dimensions: 10.52sqm

Room 9
Dimensions:12.62sqm (occupied) 

Room 10 with En-Suite & Kitchenette
Dimensions:18.20sqm

Communal Kitchen

Communal Kitchen


W.C

Shower Room


Second Floor



Room 11 with En-Suite & Kitchenette 
Dimensions: 55.55sqm  (occupied) 

Room 12
Dimensions: 20.07sqm  (occupied) 

Room 13 with En-Suite
Dimensions: 25.00sqm  

FOR SALE BY AUCTION: Starting Bids £1,000,000. Terms and conditions apply.
Being Sold via Secure online bidding.




All descriptions in this brochure are the opinions of Crown Estate and Letting Agents and their employees with any additional information advised by the seller. Properties must be viewed in order to come to your own conclusions and decisions. Although every effort is made to ensure measurements are correct, please check all dimensions and shapes before making any purchases or decisions reliant upon them. Please note that any services, appliances or heating systems have not been tested by Crown Estate and Letting Agents and no warranty can be given or implied as to their working order.





 

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Stamp Duty tax
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£41,250
Mortgage and legal costs:
£999
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